Charter Communications(US:CHTR) Prnewswire·2025-09-12 12:45Core Viewpoint - A class action securities lawsuit has been filed against Charter Communications, Inc. alleging securities fraud affecting investors who acquired Charter securities between July 26, 2024, and July 24, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors adversely affected by alleged securities fraud during the specified period [2]. - The complaint claims that the defendants made false statements and concealed the material impact of the Affordable Connectivity Program (ACP) ending, which affected Internet customer declines and revenue [3]. - It is alleged that the company failed to manage the impact of the ACP ending and did not execute broader operations effectively to compensate for the resulting declines [3]. Group 2: Implications for Investors - Investors who suffered losses during the relevant timeframe have until October 14, 2025, to request appointment as lead plaintiff, although participation does not require serving in this role [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [4]. Group 3: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [5]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [5].